Indigo Books & Music (Indigo Books & Music) Change In Inventory : $78.7 Mil (TTM As of Dec. 2023)

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What is Indigo Books & Music Change In Inventory?

Indigo Books & Music's change in inventory for the quarter that ended in Dec. 2023 was $66.3 Mil. It means Indigo Books & Music's inventory declined by $66.3 Mil from Sep. 2023 to Dec. 2023 .

Indigo Books & Music's change in inventory for the fiscal year that ended in Mar. 2023 was $21.8 Mil. It means Indigo Books & Music's inventory declined by $21.8 Mil from Mar. 2022 to Mar. 2023 .

Indigo Books & Music's Total Inventories for the quarter that ended in Dec. 2023 was $169.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Indigo Books & Music's Days Inventory for the quarter that ended in Dec. 2023 was 107.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Indigo Books & Music's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.85.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Indigo Books & Music's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.73.

Indigo Books & Music Change In Inventory Historical Data

The historical data trend for Indigo Books & Music's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Indigo Books & Music Change In Inventory Chart

Indigo Books & Music Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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9.01

7.69

21.24

-46.39

21.77

Indigo Books & Music Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															45.97	53.49	-	-41.07	66.32

Indigo Books & Music Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.7 Mil.

Indigo Books & Music (OTCPK:IDGBF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Indigo Books & Music's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	201.421	/	171.153	*	365 / 4
	=	107.39

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Indigo Books & Music's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.153	/	201.421
	=	0.85

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Indigo Books & Music's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	201.421	/	276.271
	=	0.73

Indigo Books & Music Change In Inventory Related Terms

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Indigo Books & Music (Indigo Books & Music) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Indigo Books & Music Inc (OTCPK:IDGBF) » Definitions » Change In Inventory

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IDG:Canada

Address

620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6

Website

https://www.chapters.indigo.ca

Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

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